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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables) | 12 Months Ended
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Dec. 31, 2021
ACCUMULATED OTHER COMPREHENSIVE LOSS |
Summary of changes in accumulated other comprehensive loss by component | ​ Accumulated other comprehensive loss represents unrealized losses on interest rate swaps (see note 10). The following table summarizes the changes in accumulated other comprehensive loss for the years ended December 31, 2021 and 2020. ​
​ | ​ | ​ | ​ | ​ | ​
​ | December 31,
​ | 2021 | ​ | 2020
​ | ​ | (in thousands)
Beginning balance | $ | (656) | ​ | $ | (737)
Reclassification of realized losses on interest rate swaps (1) | ​ | 81 | ​ | ​ | 81
Ending balance | ​ | (575) | ​ | ​ | (656)
Less: portion included in noncontrolling interests in the Operating Partnership | ​ | 5 | ​ | ​ | 24
Total accumulated other comprehensive loss included in equity | $ | (570) | ​ | $ | (632)
​
| (1) | See note 10 for additional information about the effects of the amounts reclassified.

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